Victory Transformers & Switchgears Limited, a under liquidation public limited company, was established on 30 April 2004 in Chennai, Tamil Nadu, India. Engaging in power equipment manufacturers within the energy and power sector, it holds CIN: U29199TN2004PLC078244. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹6.00 Cr and a paid-up capital of ₹5.90 Cr.
It upholds a active non-compliant status. Its leadership includes Manoj Vaddineni (Whole-Time Director), Mahendra Kumar Vaddineni (Managing Director), Venkatappaiah Naidu Vaddineni (Director). Past directors included Manoj Vaddineni, Vaddineni Savitri Naidu, Devasena Vaddineni. It holds ₹465.05 Cr open charges and ₹122.50 Cr settled loans. Its latest AGM occurred on 28 September 2019, with the balance sheet filed on 31 March 2019. It is based at #850/64B,T.H.Road,Near Royal Enfield, Thiruvotriyur,, Chennai, Tamil Nadu, 600019.
U29199TN2004PLC078244
078244
30 April 2004
₹6.00 Cr
₹5.90 Cr
Roc Chennai
Unlisted
Under Liquidation
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manoj Vaddineni | Whole-Time Director | 10 May 2004 | Current |
| Mahendra Kumar Vaddineni | Managing Director | 30 Apr 2004 | Current |
| Venkatappaiah Naidu Vaddineni | Director | 30 Apr 2004 | Current |
| Manish Chhajed | Director | 01 May 2009 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 01 Aug 2007 | Past |
| Pramod Abcsdd | Director | 11 Jan 2011 | Past |
| Pramod Abcsdd | Director | 11 Jan 2011 | Past |
| Pramod Abcsdd | Director | 11 Jan 2011 | Past |
| Pramod Abcsdd | Director | 06 Feb 2019 | Past |
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Victory Transformers & Switchgears Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 96.31% decrease. The company also saw a substantial fall in profitability, with a 119.52% decrease in profit. The company's net worth observed a substantial decline by a decrease of 63.26%.
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In 2019, Victory Transformers & Switchgears had a promoter holding of 75.06% and a public holding of 24.94%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹4,650,500,000.00
₹1,225,000,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jun 2011 | Edelweiss Asset Reconstruction Company Limited | ₹31.00 Cr | Open |
| 28 Apr 2011 | Ge Capital Services India | ₹12.50 Cr | Open |
| 16 Nov 2009 | State Bank Of India | ₹242.12 Cr | Open |
| 23 Mar 2009 | Bank Of Baroda | ₹83.00 Cr | Open |
| 14 Aug 2004 | State Bank Of India | ₹5.00 Cr | Open |
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The activity Victory Transformers & Switchgears Limited last Annual general meeting of members was held on 28 Sep 2019 as per latest MCA records. was completed.
Progress on Victory Transformers & Switchgears Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai. was documented.
The activity A charge registered on 15 Feb 2010 via Charge ID 10201691 with Barclays Bank Plc was fully satisfied on 15 May 2014. was completed.
The activity A charge with Edelweiss Asset Reconstruction Company Limited of Rs. 31.00 Cr registered on 15 Jun 2011 with Charge ID 10324976 was modified on 26 Mar 2014. was completed.
A charge with State Bank Of India of Rs. 91.43 Cr registered on 14 Aug 2004 with Charge ID 90262508 was modified on 02 Jul 2012. was recorded as a recent event.
The activity A charge with Edelweiss Asset Reconstruction Company Limited amounted to Rs. 31.00 Cr with Charge ID 10324976 was registered on 15 Jun 2011. was completed.
The CIN of Victory Transformers & Switchgears Limited is U29199TN2004PLC078244.
Victory Transformers & Switchgears Limited is headquartered at #850/64B,T.H.Road,Near Royal Enfield, Thiruvotriyur,, Chennai, Tamil Nadu, 600019.
Victory Transformers & Switchgears Limited was incorporated on 30 April 2004.
The current directors of Victory Transformers & Switchgears Limited are
The primary industry of Victory Transformers & Switchgears Limited is Energy And Power.
Victory Transformers & Switchgears Limited is unlisted.
The authorized capital of Victory Transformers & Switchgears Limited is ₹6.00 Cr, and the paid-up capital is ₹5.90 Cr.
The compliance status of Victory Transformers & Switchgears Limited is Active Non-Compliant.
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